2014 ISK to NGN Historical Review

YEARLY HIGH

1.4801 NGN

YEARLY LOW

1.3380 NGN

YEARLY AVERAGE

1.4158 NGN

2014 ISK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1.4801. Conversely, the yearly low was recorded on November 9, dropping to 1.3380.

This high-to-low spread represents a total annual volatility of 0.1420 NGN. From a start-to-finish perspective, comparing the January average rate of 1.3833 to the December average rate of 1.4529, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4801 was up 6.10% compared to the 2013 peak of 1.3950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 7,400 NGN

2013 Average 6,529 NGN

Yearly Trough Low 6,690 NGN

Transaction Impact: A difference of 710.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4698

1.3538

JanuMarcMayJulySeptNove

ISK to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.4323, compared to 1.3994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 1.4323

H2 Avg (Jul–Dec) 1.3994

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1050 NGN (High: 1.4430 / Low: 1.3380). On the other end, June was the most stable month, with a tight range of 0.0174 NGN (High: 1.4454 / Low: 1.4280).

November Spread (Volatile) ±0.1050

June Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0259 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4529) against the same month in 2013 (average: 1.3570), the exchange rate shifted by +0.0959 (+7.07%).

2014 Avg (December) 1.4529

2013 Avg (December) 1.3570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4139	1.3625	1.3833
February	1.4659	1.4060	1.4343
March	1.4707	1.4492	1.4601
April	1.4630	1.4320	1.4446
May	1.4471	1.4214	1.4363
June	1.4454	1.4280	1.4350
July	1.4456	1.4040	1.4212
August	1.4104	1.3872	1.3978
September	1.3893	1.3537	1.3720
October	1.3775	1.3509	1.3634
November	1.4430	1.3380	1.3892
December	1.4801	1.4336	1.4529